Bhubaneswar: Ahead of Chief Minister Naveen Patnaik’s mega roadshow in New Delhi, the State Government on Monday approved 10 investment proposals worth Rs 2,005.89 crores.
Hemant Sharma, Principal Secretary Industries said that the State Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary has approved the investment proposals that would generate employment opportunities for over 3,545 people in the State.
The SLSWCA gave a nod to Summa Real Media Private Limited to set up a pharmaceutical manufacturing & research unit comprising pharmaceutical formulation manufacturing, active pharmaceutical ingredients (API) manufacturing and pharmaceutical research & development centre of annual capacity 1.6 billion units at Gothapatna, Bhubaneswar against an investment of Rs 200 crore. This project will generate employment opportunities for over 1280 people.
The Committee has also approved the proposals of Sanvira Industries Limited to set up a Carbon Electrode Paste manufacturing plant (capacity 100,000 MT) in Danagadi, Jajpur district with an investment of Rs 205.44 crore. This project will create employment for 260 persons.
The proposal to set up a manufacturing unit of Chemicals (Sulphuric Acid, Surfactant) and Fine Fabric/ HDPE/ PPWoven Sacks of annual capacity 144000 MT & 24000 MT by Sai Bulk Bags Private Limited in Paradeep, Jagatsinghpur district against an investment of Rs 135.95 crore also approved by the State Government. This will generate employment opportunities for 301 persons.
In addition to the above approvals, the panel gave nod to set up 0.11 MTPA Ferro Alloys plant (2×24 MVA) in Badchana, Jajpur district, by United Ferrocast Private Limited worth Rs 261.1 crores with employment opportunities for 376 people.
Similarly, Balento Enterprises Private Limited got the approval of SLSWCA for a 5 MTPA Iron Ore Beneficiation plant and 3 MTPA Pellet plant in Jhumpura, Keonjhar district at an investment of Rs 775 crore, which will generate employment opportunities for over 314 people.
Further, the panel gave approval to Oriclean Private Limited for setting up of Manufacturing unit for Sauces, Jams, Jellies and Marmalades with cumulative capacity of 60,000 MT per annum against an investment of Rs 88 crore with employment opportunities for 160 people at Tangi-Choudwar, Cuttack district.
Approval was also given to DN Sea Shells Pvt. Ltd. for setting up a Shrimp processing unit in Seafood Park, Deras, Khordha district against an investment of Rs 50.40 crore, which will generate employment for over 409 people.
The CS-led Committee approved the proposal of Runaya Aluminium Private Limited (RAPL) for setting up a 5000 MT Aluminium Powder & Pigments Plant in Jharsuguda district with an investment of Rs 80 crore generating employment opportunities for 125 persons.
Mayfair Hotels & Resorts Ltd got the approval for expansion of their existing facility, Mayfair Palm Beach Resort creating employment potential for 120 persons against an investment of Rs 85 crore at Gopalpur-on-Sea, in the district of Ganjam.Before the conclusion of the meeting, the Committee approved the proposal for setting up of a Warehousing cum Logistic Park by Naresh Kumar and Co Pvt Ltd at Baghuapal, in Jajpur district. The company has proposed to invest Rs 125 crore and provide employment for 200 personnel.